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		9 July 2018

Car production 2018

Производство автомобилей 2018

The Ministry of Industry and Trade maintains its forecast for automobile production in 2018 and expects growth in their production by 15%, the head of the Ministry of Industry and Trade Denis Manturov told reporters on the sidelines of the Innoprom industrial exhibition in Yekaterinburg.

“It has not changed (forecast of the Ministry of Industry and Trade. - RNS) from the forecasts that we had in May. Production will increase by about 15% and sales should increase by about 10%, ”he said.

Earlier, the Ministry of Industry and Trade predicted an increase in car production in Russia by 7% in 2017.

The Russian car market has been growing since March 2017; Apart from a slight increase in November 2016, before that the market has been losing sales every month since December 2014. Over the first six months, sales of cars and light commercial vehicles increased by 6.9% to 718.5 thousand units, the Association of European Businesses reported.

Source: RNS news agency

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